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home / news releases / GTOFF - PT GoTo Gojek Tokopedia Tbk reports Q2 results

GTOFF - PT GoTo Gojek Tokopedia Tbk reports Q2 results

Gemalto N.V.

2023-08-15 11:22:48 ET

  • PT GoTo Gojek Tokopedia Tbk press release ( OTCPK:GTOFF ): Q2 group adjusted EBITDA improved by 72% year-on-year (YoY) to Rp -1.2 trillion — the sixth consecutive quarter of improvement.
  • Group contribution margin expanded to 0.73% of GTV, increasing 207 basis points (bps) YoY and 30 bps quarter-on-quarter (QoQ) to Rp 1.0 trillion
  • Gross revenue improved by 6% YoY to Rp 5.8 trillion.
  • Incentives and product marketing decreased by 43% YoY, reflecting savings of Rp 2.7 trillion for the quarter.

For further details see:

PT GoTo Gojek Tokopedia Tbk reports Q2 results
Stock Information
Company Name: Gemalto N.V.
Stock Symbol: GTOFF
Market: OTC
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